Data & Analytics

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HOFFMAN ESTATES, Ill. — Sears Holding Corp. reported a bigger-than-expected net loss of $279 million for the first quarter of fiscal 2013, compared to net income of $189 million in the first quarter of fiscal 2012. 

The retailer also said that it is considering selling its protection-agreement business in an ongoing effort to raise cash as it struggles to improve its profits.

New York -- Tiffany & Co.’s net income rose a better-than-expected 3% to $83.6 million in its first quarter, up from the prior year’s $81.5 million, boosted by sales improvement across all its regions, particularly Asia. Global same-store sales rose 8% during the quarter.

The earnings bump came on a 9% worldwide net sales increase to $895 million. In the Americas region, total sales rose 6% to $408 million. Same-store sales rose 3% with relatively stronger growth in the New York flagship store.

As of this writing, the first of hundreds of new gTLDs — the suffixes to the right of the dot in domain names — have begun to be approved for release on the Internet. In an international move that hasn’t been widely publicized in the U.S., ICANN has been sifting through some 2,000 applications for new domain name suffixes, alternatives to the dozen or so we’ve all become familiar with, such as .com, .net and .gov.

WTI expects that retail June 2013 will be similar in temperature to last year for the U.S. as a whole. Warmer temperature trends on the East and West Coasts will offset cooler year-over-year trends in the nation’s mid-section. Warmer year-over-year trends will be prominent during the first half of the retail month, with colder year-over-year trends during the latter part of the month. The weather will be unsettled weather in the Plains with cooler days and increased risks for rain and severe weather compared to last year.

ALLEN, Texas — PFSweb, an international provider of end-to-end e-commerce solutions, has appointed Shin Nagakura to the company’s board of directors.

Nagakura is a director of Transcosmos, or TCI, a leading Japanese business process outsourcing company. His appointment fulfills a condition of the strategic relationship that TCI and PFSweb entered into on May 15, which states that a TCI representative must sit on PFSweb’s board.

BIRMINGHAM, Ala. — Cold weather affected Hibbett Sports' first quarter results for the period ended May 4, but the sporting goods retailer still saw net sales of $240 million, a 3% increase from $233 million for the 13-week period ended April 28, 2012.

Comparable store sales increased 0.8% for the quarter.

For the quarter, Hibbett opened nine new stores, expanded five high performing stores and closed three underperforming stores, bringing the store base to 879 in 29 states.

LOUISVILLE, Ky. — Kroger's mid-south division president John Hackett is retiring, after 50 years of service with the company. Hackett began his career with Kroger in 1963 as a store clerk in London, Ohio, while working his way through college at The Ohio State University.